BKRBaker Hughes
Is the price fair?
Growth expectations in line with delivery. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Priced for ~5% a year FCF growth. Roughly in line with its three-year revenue growth of 6% a year.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What BKR's price assumes
Today's price asks for 4.6% free cash flow growth a year; over the last three years Baker Hughes delivered 22%, less than the record.
Price / sales · no trailing P/E on file: measured against sales instead
- Free cash flow yield
- 5.4%
Free cash flow yield · Oil & Gas Equipment & Services median 5.9%
- Growth the price implies
- +4.6%
Growth the price implies · The price pays for +4.6% free cash flow growth a year for a decade; the business has delivered +22% a year over the last three.
- Price / book
- 1.26
Price / book · as of 2021-Q3
Details›
- Price / bookas of 2021-Q3
- 1.26
- EV / EBITas of 2021-Q3
- 22.5
- EV / salesas of 2021-Q3
- 1.01
- Free cash flow, trailing twelve months
- $3.13B
- Market capitalisation
- $57.9B
- 3-year revenue growth
- +6.0%
- 3-year free cash flow growth
- +22%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Oil & Gas Equipment & Services
The closest names by size in the same industry